COMMENT | Amos Nzeyi | First of all, I would like to thank you and your cabinet- for the courageous leadership thus far- especially the decisions announced on March 18th 2020 which among others include the decision to temporarily disperse areas of population concentrations such as school, religious, political and …
Read More »Africa Isn’t Ready for Currency Unions
West African political leaders recently announced that the CFA franc – a currency created by France in 1945 for its colonies and still used by 14 African countries – will be replaced this year by a new currency pegged to the euro called the eco. COMMENT |Célestin Monga | But …
Read More »History explains election violence
Kenya and Zambia tell the story of why first multiparty elections after authoritarian rule turn violent in some countries COMMENT | Johan Brosché, Hanne Fjelde and Kristine Höglund | Why do the first multiparty elections after authoritarian rule turn violent in some countries but not in others? That’s the question …
Read More »The SDG imperative for business
The financing gap to achieve the SDGs; between $500bn and $1.2tn, is beyond what many states can deliver COMMENT | KARNIKA YADAV | There is only one road left to achieving the Sustainable Development Goals (SDGs) set for Africa for 2030 and that’s through sustainable businesses. The sluggish progress to …
Read More »COMMENT: The futility of Pompeo’s anti-China message in Africa
COMMENT | Ronald Kato | When US secretary of state Mike Pompeo began his Africa trip in mid-February, it was clear that countering China’s influence on the continent was top of his agenda. Yet from Senegal to Angola, he had restrained himself from the hard-hitting attacks on China that have come …
Read More »The approaching debt wave
The World Bank has just warned that a fourth debt wave could dwarf previous ones and hit emerging economies hard COMMENT | KAUSHIK BASU | Over the last decade, the world economy has experienced a steady build-up of debt, now amounting to 230% of global GDP. The last three waves …
Read More »Delays in Uganda’s oil
Here are the likely impacts of delays in making the Final Investment Decision after seven postponements | CORTI PAUL LAKUMA | Yet again the final investment decision (FID) on oil production in Uganda was delayed in August 2019. The delay meant that the date for first oil had to be …
Read More »COMMENT: China will defeat Coronavirus with international support
COMMENT | Ronald Kato | When I first traveled to China in February of 2017, two things happened. Firstly, I was the first passenger to get off the Emirates flight from Dubai to Beijing. When we touched down at Beijing Capital airport, cabin crew announced that a passenger from Uganda …
Read More »Reform of accountancy market
The government’s intervention is critical for the emergence of accounting bodies to champion local consumer interests COMMENT | PATRICK OMONY | The recent Economic Summit organised by NTV saw the Minister of Finance make a desperate plea for ideas that can spur the economy to enable him increase his revenue …
Read More »Truth about Trump economy
Trump may be a good president for the top 1% but he has not been good for everyone else COMMENT | JOSEPH E. STIGLITZ | As the world’s business elites trekked to Davos for their annual gathering, people should have been asking a simple question: Have they overcome their infatuation …
Read More »